Turnkey 5-Unit Apartment Complex in Atenas with 10% ROI & Panoramic Views

This newly constructed boutique complex in Concepción, Atenas, offers five modern, fully furnished apartments, representing a turnkey investment opportunity in Costa Rica's Central Valley. Built with low-maintenance, contemporary materials, the entire compound spans 550 m² of high-quality construction situated on a 1,000 m² gated parcel of land. Each of the five individual units is designed with a functional layout that includes a spacious bedroom, a modern bathroom, and a dedicated home office space tailored for remote professionals. The clean lines and contemporary finishes throughout the interiors maximize comfort and efficiency for long-term tenants.

The gated property is positioned to capture expansive panoramic views of the surrounding landscape, enhancing the outdoor experience for residents. Priced at USD 430000, this real estate asset is currently fully occupied, generating a consistent ten percent annual return on investment.

For international buyers, Costa Rica permits straightforward fee-simple ownership of this titled property. When finalizing the purchase, buyers should anticipate property transfer stamp taxes of approximately 1.5 percent of the declared value, with the total closing bundle—encompassing notary, registry, and legal fees—typically ranging between 2 and 4 percent of the purchase price. Ongoing ownership costs include an annual property tax calculated directly from the registered cadastral value of the estate.

This multi-unit residential property is located in the peaceful district of Concepción, Atenas, Alajuela, Costa Rica, a region within the Central Valley Costa Rica real estate market that is highly sought after by North American buyers. Atenas is internationally recognized for its exceptional microclimate, which maintains comfortable temperatures year-round, and its welcoming community of local residents and international retirees. Situated just a short drive from the town center of Atenas, residents enjoy convenient access to essential daily amenities, including local medical clinics, supermarkets, and the popular weekly farmer's market, or feria. The location also offers a strategic geographic advantage, positioned midway between the major employment and shopping hubs of the Central Valley, such as Escazu homes and commercial centers, and the beaches of the Central Pacific coast. Furthermore, Juan Santamaría International Airport is easily accessible via major transit routes, making this an ideal base for frequent travelers and remote professionals.

For those looking to buy property in Costa Rica, this location supports a relaxed countryside pace of life while providing the infrastructure necessary for modern remote work. The surrounding mountains offer scenic vistas that enhance the appeal of these Atenas Costa Rica homes. When you buy property Costa Rica, the legal framework allows foreign buyers to secure fee-simple ownership of inland real estate under the same constitutional protections as citizens. Buyers should plan for standard transaction fees, which include a property transfer stamp tax of approximately 1.5% of the declared value, alongside registry, notary, and legal stamps that typically bring the total closing bundle to between 2% and 4% of the purchase price. Ongoing holding costs include an annual property tax calculated on the registered cadastral value. This established neighborhood provides a stable environment for long-term residency, retirement, or immediate rental income.

This five-unit apartment complex in Balsa, Atenas, presents a highly efficient entry point for income-focused buyers targeting the Central Valley. Priced at $430,000, the 550 square meters of modern construction across a 1,000-square-meter lot translates to approximately $782 per square meter of built space. This metric represents exceptional value for a turnkey, fully furnished property in a high-demand rental market. The property is currently fully occupied, demonstrating strong immediate utility for investors seeking consistent long-term residential tenants, though the individual one-bedroom layouts with dedicated office spaces also suit the growing remote-work demographic.

For North American buyers, Costa Rica permits fee simple ownership, meaning you hold the same direct property rights as a local citizen. When planning your exit or entry strategy, anticipate a closing cost bundle—encompassing notary fees, registry fees, legal services, and stamps—of approximately 2% to 4% of the purchase price, alongside a property transfer stamp tax of about 1.5% of the declared transaction value. Ongoing holding costs are minimized by a low-maintenance contemporary build and an annual property tax calculated on the registered cadastral value. This asset is ideal for a buyer looking to secure residency through the country's investment pathways while capturing immediate cash flow in a region famous for its climate and accessibility.

Acquiring this five-unit apartment complex in Atenas is a straightforward process for international buyers, as Costa Rican law grants foreign nationals the exact same fee-simple ownership rights as local citizens. Because this property is located in the Central Valley and outside of the coastal maritime zone, you will hold outright, fee-simple title to the 1,000-square-meter parcel and its 550 square meters of construction.

During the acquisition, buyers should budget for standard closing expenses, which typically encompass notary fees, registry charges, legal services, and documentary stamps. These combined closing costs generally range from two to four percent of the final purchase price, which includes a property transfer stamp tax that usually accounts for about one and a half percent of the declared transaction value. Once the purchase is complete, you will be responsible for an annual property tax assessed on the registered cadastral value of the estate. Furthermore, because the purchase price of $430,000 comfortably exceeds the national threshold for real estate investment, purchasing this turnkey complex qualifies you to apply for official residency-by-investment status in Costa Rica.

Nestled within the peaceful district of Concepción, Atenas, this property offers an unparalleled gateway to the quintessential Costa Rican lifestyle, highly coveted by discerning international buyers and seasoned investors alike. Known globally for boasting one of the best climates in the world, this region of Alajuela provides a harmonious blend of warm, sunny days and cool, refreshing mountain breezes, creating an idyllic year-round environment that completely redefines the concept of comfortable living. For the aspiring buyer, owning a property in Concepción is not merely about acquiring real estate; it is about embracing a wellness-oriented lifestyle where nature and modern convenience coexist seamlessly. Residents and tenants here enjoy a slower, more intentional pace of life, surrounded by the lush, rolling green hills of the Central Valley, while still benefiting from the close proximity to the vibrant town center of Atenas. This strategic location ensures that essential services, authentic local dining, organic farmers' markets, and cultural activities are always just a short drive away, offering the perfect balance between secluded mountain privacy and active community engagement.

For the visionary investor or lifestyle buyer, this modern five-unit complex represents the ultimate realization of a tropical dream—a chance to secure a high-yielding asset in a region experiencing a sustained influx of digital nomads, retirees, and remote professionals. These individuals are actively seeking high-quality, fully furnished accommodations that cater to a balanced lifestyle of work and leisure, making the dedicated office spaces and scenic backdrops of these apartments incredibly attractive. Aspiring owners can take pride in providing a premium residential experience that captures the essence of the "Pura Vida" philosophy, all while securing a robust, recession-resistant stream of passive income. The panoramic views stretching across the horizon serve as a daily reminder of the natural beauty that defines this region, enhancing tenant retention and driving long-term property appreciation. Investing in Concepción, Atenas, allows you to align your financial goals with a prestigious residential address, establishing a legacy property that delivers both immediate economic rewards and an enviable quality of life in one of Central America's most stable and picturesque destinations.